by Holon Staff Writers
Investors know that cryptocurrencies have been falling heavily. Bitcoin alone is down almost 70% from its peak, and this crypto correction has triggered all sorts of misinformation.
Social media algorithms and click bait addicted bloggers have done their best to spread misinformation and reward alarmist statements, both pro and anti-cryptocurrency, leading to confusion and even anger. But where does that leave advisors and investors who are simply looking for rational and fact-based information for their clients? Let’s start with Bitcoin; go back to the basics, and set all talk of Ponzi schemes and get-rich-quick offers aside, to fade away with the zealots and the finfluencers – they’re not worth your time.
Amid this misinformation, investors need to remind themselves of the huge underlying value of Bitcoin, blockchain and crypto. That means going back to basics. Below we answer 6 simple questions to help remind investors of the huge opportunities and value in...
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